Throughout banking, mathematical techniques are used. Some of these
are within software products or models; mathematicians use others
to analyse data. The current literature on the subject is either
very basic or very advanced.
"The Mathematics of Banking" offers an intermediate guide to the
various techniques used in the industry, and a consideration of how
each one should be approached. Written in a practical style, it
will enable readers to quickly appreciate the purpose of the
techniques and, through illustrations, see how they can be applied
in practice. Coverage is extensive and includes techniques such as
VaR analysis, Monte Carlo simulation, extreme value theory,
variance and many others.A practical review of mathematical
techniques needed in banking which does not expect a high level of
mathematical competence from the reader
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